Overview of Moagureesu Tsushima 2 (モアグレース津島２)
Moagureesu Tsushima 2 (モアグレース津島２) is a 22-year-old condominium located at Tsushima Shi Higashi Yanagihara Machi 3 Choume 5 (津島市東柳原町3丁目5), Aichi, Japan. Built in 2004, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Nakano Kensetsu (中野建設).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,380〜2,750万円 (approx. $92,000–$183,333 USD at ¥150/$).
Unit sizes range from 74.4–102.4 sqm (801–1102 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.6万/sqm (approx. $1,571/sqm or $146/sqft).
Location & Neighborhood
The property is located at Tsushima Shi Higashi Yanagihara Machi 3 Choume 5 (津島市東柳原町3丁目5), Aichi, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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